PERSONAL PROPERTY TAX: EXEMPT PROPERTY UNDER $20,000

House Bill 4083

Sponsor: Rep. Robert Gosselin

Committee: Tax Policy

Complete to 9-5-01

A SUMMARY OF HOUSE BILL 4083 AS INTRODUCED 1-31-01

The bill would amend the General Property Tax Act to exempt personal property with a taxable value of less than $20,000.

MCL 211.9i

 

Analyst: C. Couch

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This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.